North Hollywood, CA 91606,11618 Victory Boulevard
North Hollywood, CA 91606,11618 Victory Boulevard
North Hollywood, CA 91606,11618 Victory Boulevard
North Hollywood, CA 91606,11618 Victory Boulevard
North Hollywood, CA 91606,11618 Victory Boulevard
North Hollywood, CA 91606,11618 Victory Boulevard
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Michael & Jessica Solis

Michael & Jessica Solis

+1(760) 889-9374
$ 1,249,000
Est. payment | /mo

3 Beds

1 Bath

1,380 SqFt


Save
$ 1,249,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,380 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,380 sqft

Price per Sqft $905

MLS Listing ID GD24184759

Style Detached

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1941

Lot Size 7,022 Sqft

Acres 0.1612

Property Description

Located at 11618 Victory Blvd, this single-family home is ready for demolition, less than a month away from RTI (Ready to Issue) permit, to build a 5-unit complex. Set in an area surrounded by high-demand apartment complexes, this project is perfect for investors looking to capitalize on the growing need for quality rental units. Each of the 5 units features 2 bedrooms, 2 bathrooms, and 1,200 sq. ft. of living space, with two units on the first floor and three on the second floor. With new construction properties commanding premium rents, this project offers a unique opportunity to build and hold for your portfolio, providing strong long-term cash flow or whether you're an experienced developer looking to flip for a significant return, the possibilities are endless. The heavy lifting has already been done plans are less than a month away from approval! Prior to opening escrow, RTI plans will be presented. Close escrow and start the demolition right away. Take advantage of this rare chance to develop in a high-demand area with major upside potential. This is the investment opportunity you've been waiting for!
Located at 11618 Victory Blvd, this single-family home is ready for demolition, less than a month away from RTI (Ready to Issue) permit, to build a 5-unit complex. Set in an area surrounded by high-demand apartment complexes, this project is perfect for investors looking to capitalize on the growing need for quality rental units. Each of the 5 units features 2 bedrooms, 2 bathrooms, and 1,200 sq. ft. of living space, with two units on the first floor and three on the second floor. With new construction properties commanding premium rents, this project offers a unique opportunity to build and hold for your portfolio, providing strong long-term cash flow or whether you're an experienced developer looking to flip for a significant return, the possibilities are endless. The heavy lifting has already been done plans are less than a month away from approval! Prior to opening escrow, RTI plans will be presented. Close escrow and start the demolition right away. Take advantage of this rare chance to develop in a high-demand area with major upside potential. This is the investment opportunity you've been waiting for!

Location

State CA

County Los Angeles

Area North Hollywood (91606)

Zoning LAR3

Exterior

Garage Spaces 1.0

Pool Below Ground, Private

Total Parking Spaces 1

Building

Story 1

Lot Size Range 4000-7499 SF

Sewer Sewer Paid

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $94

Miscellaneous Valley

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

San Diego Regional MLS (SDMLS)
Listed by Mike Babakhanyan • FIV REALTY CO
agent-avatar

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(760) 889-9374

mike@solisteamre.com

206 N Freeman St, Oceanside, CA, 92054, United States

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